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Bardee completes Series Seed cap raise
Australian food waste transformation company Bardee has been advised on a capital raise, which was led by Blackbird Ventures.
Jerome Doraisamy
Firm: Herbert Smith Freehills (Bardee).
Area: Venture capital.
Value: N/A.
Key players: The HSF team was led by co-head of venture capital Elizabeth Henderson, who was supported by solicitors Joseph Dodds and Tomas Kemmery and partner Peter Dunn. The team also worked with associated tax practice Greenwoods & Herbert Smith Freehills, led by partner Toby Eggleston.
Deal significance: Ms Henderson said: “Congratulations to Phoebe and Alex on this transaction, which is the realisation and recognition of many years of hard work and dedication.
“We have so much enjoyed working with the Bardee team over the past few years as the business has grown from strength to strength, and are delighted to see it achieve such an important milestone.”
Bardee chief executive and co-founder Phoebe Gardner added: “We were glad to have the opportunity to work with the experienced team at Herbert Smith Freehills. This seed raise allowed us to establish our 2,500-square metre pilot facility in Melbourne, capable of diverting over 3,000 tonnes of landfill-destined food waste a year, and the HSF team offered valuable guidance that helped make that possible.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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